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Washington, D.C. – Over 9 million students are at risk for increased educational debt, due to bank-affiliated student debit cards that come with high fees, insufficient consumer protections, and few options. Financial institutions now have affinity partnerships with almost 900 campuses nationwide, grafting bank products onto student IDs and other campus cards to become the primary recipient of billions in federal financial aid to distribute to students.

"It seems safe to say that the more than seven million students who will be taking out Stafford student loans for the next school year, join our disappointment that today the Senate could not pass a bill to keep interest rates from doubling on July 1.

We are deeply concerned by Chairman Gregory Jaczko’s resignation from the Nuclear Regulatory Commission. While we may not have always seen eye to eye with the Chairman, he has been the lone advocate on the Commission for addressing some key nuclear safety concerns that put public health and safety at risk.